Knock opens a new Home Trade-in platform in Phoenix, AZ

Knock, a full-service house selling platform, is looking to make trading in a home more efficient and simple. Knock has recently announced the expansion of a new Home Trade-In platform for Phoenix, AZ, Knock's first market west of the Mississippi and it's sixth market, overall.

“We’re excited about this significant milestone in Knock’s expansion, and about the real difference we believe we will make for home buyers and sellers in this competitive market,” said Sean Black, co-founder and CEO of Knock. “In Phoenix, options have been limited to traditional methods, which leave sellers who are also buying with uncertainty, stress and inconvenience, and new home flipper-like companies that trap them into giving up a significant portion of their equity. The Knock Home Trade-in solves for all this and more.” 

Seventy-one percent of home sellers are also buying their next home at the same time. Launched by founding team members of Trulia like Black, Knock buys the seller’s new home on their behalf with its cash, helping them win bidding wars and getting a 3 to 5 percent discount, so they can move in before Knock represents them in the sale of their previous home on the open market where it is exposed to competition. Knock’s data science and technology-driven platform, combined with the insights and guidance of its team of local real estate experts native to Phoenix, make for an advanced, full-service solution.

“Knock is going to change the game not only for buyers and sellers, but also the overall Metro Phoenix real estate industry,” said Angel Johnson, who recently joined Knock as a Phoenix Licensed Local Expert, or Knock agent. “There’s hasn’t been anything like this out here where you have an entire team helping you throughout the process the way Knock does.”

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